CACI International, Inc. (NYSE:CACI) Receives $548.73 Consensus PT from Brokerages

CACI International, Inc. (NYSE:CACI) has been assigned a consensus recommendation of “Moderate Buy” from the fourteen analysts that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $548.7273.

Several research analysts have commented on the stock. William Blair raised shares of CACI International from a “market perform” rating to an “outperform” rating in a report on Monday, July 7th. Raymond James Financial reissued a “market perform” rating on shares of CACI International in a report on Friday, August 8th. Jefferies Financial Group downgraded shares of CACI International from a “buy” rating to a “hold” rating and cut their price target for the company from $570.00 to $535.00 in a report on Wednesday, August 6th. UBS Group reissued a “buy” rating and issued a $614.00 price target (up from $562.00) on shares of CACI International in a report on Friday, August 8th. Finally, The Goldman Sachs Group raised shares of CACI International from a “sell” rating to a “buy” rating and raised their price target for the company from $407.00 to $544.00 in a report on Wednesday, August 13th.

Insider Buying and Selling at CACI International

In other news, CEO John S. Mengucci sold 10,175 shares of CACI International stock in a transaction on Monday, September 15th. The shares were sold at an average price of $492.82, for a total transaction of $5,014,443.50. Following the completion of the sale, the chief executive officer directly owned 101,536 shares of the company’s stock, valued at approximately $50,038,971.52. The trade was a 9.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

Institutional Trading of CACI International

Hedge funds have recently made changes to their positions in the stock. V Square Quantitative Management LLC bought a new stake in shares of CACI International during the 2nd quarter worth $25,000. Wayfinding Financial LLC bought a new stake in shares of CACI International during the 1st quarter worth $27,000. First Horizon Advisors Inc. lifted its holdings in shares of CACI International by 110.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 80 shares of the information technology services provider’s stock worth $38,000 after acquiring an additional 42 shares during the last quarter. Trust Co. of Toledo NA OH bought a new stake in shares of CACI International during the 2nd quarter worth $55,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of CACI International by 180.0% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 140 shares of the information technology services provider’s stock worth $67,000 after acquiring an additional 90 shares during the last quarter. 86.43% of the stock is owned by institutional investors.

CACI International Stock Up 0.2%

CACI opened at $518.21 on Tuesday. The company has a 50 day moving average of $494.23 and a 200 day moving average of $467.16. The company has a market cap of $11.40 billion, a PE ratio of 23.19, a price-to-earnings-growth ratio of 1.94 and a beta of 0.63. CACI International has a 12 month low of $318.60 and a 12 month high of $588.26. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.73.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, August 6th. The information technology services provider reported $8.40 EPS for the quarter, topping the consensus estimate of $6.54 by $1.86. CACI International had a net margin of 5.79% and a return on equity of 15.84%. The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period last year, the firm earned $6.61 EPS. CACI International’s revenue for the quarter was up 13.0% on a year-over-year basis. On average, sell-side analysts expect that CACI International will post 23.94 EPS for the current year.

About CACI International

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.